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TruAmerica Sells Addison Arms Apartments in Sherman Oaks

JV Partnership Buys 57 Units for Nearly $21.1 Million
The apartments were built in 1969 on over 1 acre in the Sherman Oaks multifamily market of Los Angeles County. (CoStar)
The apartments were built in 1969 on over 1 acre in the Sherman Oaks multifamily market of Los Angeles County. (CoStar)
By Mike Lapointe
September 12, 2022 | 7:43 P.M.

Yale Management Services and a private trust have acquired the Addison Arms Apartments at 14320 Addison Street in Sherman Oaks, California, for $21.05 million, or over $369,000 per unit, from TruAmerica Multifamily.

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